We will let you know this rate in the pre contract credit information we give you if you apply for an arranged overdraft. The daily arranged overdraft interest rate will be based on how you manage any accounts with us and on the credit information we hold about you. Once your six month interest-free period ends we will charge interest daily.
What happens after the 0% interest free period ends? You can use it to borrow money up to an agreed limit through your bank account. An arranged overdraft can act as a useful safety net.